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News
Return of mega container ships to the Suez Canal emerges as a positive to Indian exporters
14+ hour, 20+ min ago (373+ words) Large container ships are returning to the Suez Canal as shipments for the Christmas and New Year season to Europe and the US gather pace, with shipping lines beginning to restore services on the key Asia-Europe trade route. The Suez…...
Suez Canal Resumes Phased Traffic: What It Means for Indian Exports
9+ hour, 41+ min ago (311+ words) Whalesbook Major global shipping lines have begun a phased and cautious return to the Suez Canal, providing a much-needed reprieve for trade routes connecting Asia and Europe The Suez Canal Authority has confirmed that large container vessels, including the 17,200 TEU…...
The new world race to control the maritime routes
1+ day, 3+ hour ago (1172+ words) The new global race to control maritime routes Diari ARA...
Suez Canal restores Europe-Asia shipping services amid increased Maersk transits
1+ day, 6+ hour ago (336+ words) Dailynewsegypt The Suez Canal has successfully restored several shipping services operating on the trade route between Europe and Asia, recording a noticeable increase in daily transit rates by Maersk container vessels, Canal Authority Chairperson Osama Rabie stated on Saturday. Rabie’s…...
Port of Los Angeles preps for cargo bump as shippers navigate global risks
2+ day, 7+ hour ago (333+ words) The port may see a 5% volume uptick amid Red Sea and Panama Canal concerns and is readying itself for the scenario in talks with operating partners. In recent years, major shipping lines have avoided transiting the Suez Canal due to…...
Suez capacity sees rapid growth as ocean carriers hurry back to route
2+ day, 8+ hour ago (130+ words) Journal of Commerce More News & Analysis Suez capacity sees rapid growth as ocean carriers hurry back to route While container lines are aiming for a gradual return to Red Sea transits to avoid overloading European terminals, the amount of reactivated…...
Independent review, not blind denial, needed to address US transshipment claims, says maritime trade expert
2+ day, 9+ hour ago (499+ words) KUALA LUMPUR, Aug 21 — Malaysia should conduct an independent review into allegations by the United States (US) concerning transshipment activities to ensure any violations are identified while protecting the country's reputation, according to Datuk Seri R. Jeyenderan. The maritime expert said…...
Soaring Panama Canal Fees Drive a Nascent LPG Shuttle Trade
2+ day, 11+ hour ago (469+ words) (Bloomberg) -- Exporters including Chevron Corp. are turning to ship-to-ship transfers to send liquefied petroleum gas from the US to Asia, an apparent change in strategy that comes as users of the Panama Canal grapple with congestion and record transit fees....
Asia-USWC rates surge as shippers look to beat Panama Canal restrictions
2+ day, 11+ hour ago (578+ words) Asia-US west coast rates are surging at an even faster pace this week, as carriers look to cash in ahead of concerns around the impact of vessel reductions through the Panama Canal. However, it seems the speed of decline of…...
Global Supply Chains Brace as Panama Canal Caps Transits Amid Australian Cyber and Economic Crises
2+ day, 14+ hour ago (207+ words) The Panama Canal restricts daily shipping to 32 vessels due to severe droughts, while Australia battles a devastating supply chain cyberattack. These seemingly disparate events highlight a unified global vulnerability: the intersection of climate change, digital insecurity, and economic inequality. As…...